Key stats
About Federated Hermes U.S. Strategic Dividend ETF
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Inception date
Nov 16, 2022
Structure
Open-Ended Fund
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Qualified dividends
Primary advisor
Federated Investment Management Co.
Distributor
Federated Securities Corp.
FDV concentrates on high dividend-paying US stocks with dividend growth potential. The adviser believes that strategic emphasis on dividends can enhance performance over time while targeting lower volatility than the broader market. The fund generally includes large- and mid-cap securities with higher dividend yield than the S&P 500 Index. The selection process starts by ranking eligible stocks based on attractive combinations of dividend yield and dividend growth potential over time. Securities that ranked as highly attractive are further assessed using bottom-up proprietary research, which focuses on fundamental factors such as balance sheet strength, earnings growth, and cash flow durability. As an actively managed fund, the adviser has full discretion to determine the amount and combination of investments to meet its objectives.
Classification
What's in the fund
Exposure type
Finance
Utilities
Health Technology
Consumer Non-Durables
Stock breakdown by region
Displays a symbol's price movements over previous years to identify recurring trends.